Merrill Corporation in St Paul offers DatasiteOne, the company's virtual data room (VDR) for due diligence, investment banking, IPOs, private equity or venture capital, and other goals, featuring ease of tools (e.g. drag-and-drop files, in document text search, etc.), five minute setup) and as well as security features (e.g. rules-based compliant permission controls).Merrill CorporationMeets basic needs, but not the best in the market2018-08-04T19:24:46.058ZWe use Merrill data rooms to efficiently share documents for diligence efforts between multiple parties (businesses, legal counsel, insurers, bankers). It solves the problem of taking document sharing off of an email platform and putting it on a central online cloud system that all parties can access simeltaneously.,Update emails notifying users of new uploads
Basic folder organization
Uploading is easy and intuitive,Identifying new uploads on the merrill website
Times out users too quickly
Searching all documents; poor functionality,6,Streamline document sharing
Slows down diligence efforts when it's difficult to identify new documents
Fair pricing,Firmex Virtual Data RoomOlivia Crellin

We use Merrill data rooms to efficiently share documents for diligence efforts between multiple parties (businesses, legal counsel, insurers, bankers). It solves the problem of taking document sharing off of an email platform and putting it on a central online cloud system that all parties can access simeltaneously.

Well suited for a basic document sharing platform between 2-3 parties. I've found it less efficient and slow when you introduce over 10 users and multiple users uploading documents. I wish there was a way for merrill to highlight new documents from the last time that particular user logged in and viewed that folder.